Word: pedalers
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Nationalist Party extremists openly favor the establishment of an authoritarian Calvinist republic, separate from the British Commonwealth. At present, Malan prefers to soft-pedal this plank in his party's platform until he has firmly consolidated his power. Eric Louw, South Africa's representative to the British Commonwealth Conference (see above), has been less discreet. "[In the Republic]," Louw said not long ago, "only those would have a vote who had shown by word and action undivided loyalty to South Africa and to the Republic. This excludes all Jews, also the jingoes [English-speaking South Africans...
...Beirut, sober-sided Stephen Penrose expects to soft-pedal his Arab views. (His first act last week: a cable for money in behalf of 70 Palestinian students whose funds had been cut off.) He hopes to make A.U.B., already famed for the statesmen and doctors among its 15,000 alumni, also a center for technical education...
...bankers did not need the warning. The American Bankers' Association had already asked its 15,000 members to stick to the one-third deposit in automobile financing, soft-pedal loans in other lines. Consumer credit now totals $11 billion, far above any prewar figure. With personal income running at $194 billion, the U.S. could support more credit, but no one knew how much more. Some thought that the danger mark was at $17 billion...
Automatic Pickup. General Motors' Buick division, which plans to make only minor body changes in its 1948 model due in January, still plans a major mechanical revolution. The '48 Buick Roadmaster, said the division, will have no clutch, clutch pedal, or customary gear shift. For normal driving, the motorist will merely have to push a button; the accelerator will do the rest. There is also a reverse gear and "emergency low" for snow and mud. With rising production and a backlog of 520,000 unfilled orders, Buick hopes next year to pass Plymouth, into third place behind Chevrolet...
...Penally." The U.A.W.'s soft-voiced vice president, Richard T. Leonard, tried hard to soft-pedal the "no penalty" issue. The union's negotiators were making a lot more noise about Ford's shiny new model for a pension plan. Six weeks ago, when Leonard himself proudly announced the plan, almost everybody cheered. The plan was a first long step toward old-age security for thousands of auto factory workers (TIME, July...